AshakaCem to Delist from Nigerian Stock Exchange over Free Float Deficiency
The Board of Directors of Ashaka Cement Plc has opted for a voluntarily delisting of the company from the Nigerian Stock Exchange (NSE). In an explanatory to the NSE, made available wednesday, directors of Ashaka Cement said the voluntary delisting follows the company’s violation of the exchange’s Free Float Deficiency provision of 20 per cent.